Basketball Raptors' first-round pick DeRozan signs contract

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The Toronto Raptors have signed forward DeMar DeRozan, the No. 9 pick in the draft.

The Raptors didn't announce financial terms Thursday, but DeRozan can earn nearly $2.3 million in the first year of his deal. He is under contract for two years, and Toronto holds team options for the next two seasons.

The 6-foot-7 DeRozan averaged 13.9 points and 5.7 rebounds in his lone season at Southern California. He is expected to play for the Raptors' entry in the Las Vegas summer league.
 
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